#170 What Fortune 1000 Executives Believe about Data & AI in 2024 with Randy Bean, Innovation Fellow, Data Strategy, Wavestone

We learned so much about generative AI and its impact for people and organizations in 2023, we must anticipate many more innovations in the data and AI space 2024. One of the best places to look for this information is through the wisdom of those that spend their time with the Fortune 1000 leaders that are helping shape data and AI practices. Wavestone’s annual Data and AI Executive Leadership Survey is a great way to gain insight into thoughts in current practices, as well as understand what to expect from business leaders and organizations in the near future. In this episode, we speak to the author of the survey.

Randy Bean is a start-up business founder, CEO, industry thought leader, author, and speaker in the field of data-driven business leadership. He serves as Innovation Fellow, Data Strategy for Paris-based consultancy Wavestone. Randy is the creator of the Data and AI Leadership Executive Survey discussed in today's episode. He is the author of the bestselling "Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI", and a current contributor to Forbes, Harvard Business Review, and MIT Sloan Management Review.

In the episode, Richie and Randy explore the 2024 Data and AI Leadership Executive Survey, the impact of generative AI in 2023 and what to expect from it in 2024, the state of generative AI implementation in organizations, healthcare and AI, including examples of generative AI outperforming human doctors, the evolving responsibilities of CDOs, the increasing importance of data-driven decision-making in organizations, the barriers to becoming data-driven, insights on data skills and the generational shift towards more data-savvy business leaders, as well as much more.

Links Mentioned in the Show:

• Data and AI Leadership Executive Survey
• Randy’s Articles in Forbes
• Ally Financial
• Responsible AI Institute
• Course: Implementing AI Solutions in Business